Insider Selling: SEA (NYSE:SE) Insider Sells $90,370.00 in Stock

Sea Limited Sponsored ADR (NYSE:SE) insider Yanjun Wang sold 1,000 shares of SEA stock in a transaction that occurred on Monday, October 19th. The stock was sold at an average price of $90.37, for a total value of $90,370.00. Following the sale, the insider directly owned 76,780 shares in the company, valued at $6,938,608.60. The trade was a 1.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Yanjun Wang also recently made the following trade(s):

• On Thursday, October 22nd, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $76.33, for a total value of $61,064.00.
• On Tuesday, October 20th, Yanjun Wang sold 800 shares of SEA stock. The shares were sold at an average price of $81.61, for a total value of $65,288.00.
• On Friday, October 16th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.43, for a total value of $95,430.00.
• On Wednesday, October 14th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.49, for a total transaction of $95,490.00.
• On Monday, October 12th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $95.87, for a total transaction of $95,870.00.
• On Friday, October 9th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.37, for a total transaction of $95,370.00.
• On Wednesday, October 7th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $94.91, for a total transaction of $94,910.00.
• On Monday, October 5th, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $97.27, for a total transaction of $97,270.00.
• On Friday, October 2nd, Yanjun Wang sold 1,000 shares of SEA stock. The shares were sold at an average price of $95.15, for a total transaction of $95,150.00.
• On Wednesday, September 30th, Yanjun Wang sold 1,000 shares of SEA stock. The stock was sold at an average price of $97.67, for a total transaction of $97,670.00.

SEA Price Performance

NYSE:SE opened at $74.47 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.48 and a current ratio of 1.49. The company has a 50-day moving average of $103.26 and a 200-day moving average of $98.41. Sea Limited Sponsored ADR has a 52 week low of $74.12 and a 52 week high of $164.03. The company has a market capitalization of $45.50 billion, a price-to-earnings ratio of 28.75, a PEG ratio of 0.77 and a beta of 1.54.

SEA (NYSE:SE) last released its quarterly earnings data on Tuesday, August 11th. The Internet company based in Singapore reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.16). SEA had a net margin of 5.98% and a return on equity of 13.54%. The company had revenue of $7.79 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter in the prior year, the company posted $0.65 earnings per share. The company’s revenue for the quarter was up 48.3% on a year-over-year basis. As a group, equities research analysts anticipate that Sea Limited Sponsored ADR will post 2.91 earnings per share for the current fiscal year.

Analyst Ratings Changes

SE has been the subject of a number of recent analyst reports. Arete Research set a $152.00 target price on shares of SEA and gave the stock a “buy” rating in a research report on Monday, September 7th. Wall Street Zen upgraded shares of SEA from a “hold” rating to a “buy” rating in a research report on Saturday. Barclays boosted their price target on shares of SEA from $122.00 to $156.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Weiss Ratings raised shares of SEA from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Finally, Zacks Research raised shares of SEA from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $149.40.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Carrhae Capital LLP acquired a new position in shares of SEA during the 2nd quarter worth about $140,501,000. Public Employees Retirement System of Ohio bought a new stake in shares of SEA in the 2nd quarter valued at about $37,527,000. Assenagon Asset Management S.A. increased its stake in shares of SEA by 80.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 563,692 shares of the Internet company based in Singapore’s stock valued at $54,881,000 after acquiring an additional 251,517 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of SEA in the 2nd quarter valued at approximately $12,410,000. Finally, Ninety One North America Inc. acquired a new stake in shares of SEA in the 3rd quarter valued at approximately $9,734,000. Institutional investors own 59.53% of the company’s stock.

SEA Company Profile

Sea Limited is a Singapore-based global technology company founded in 2009. Formerly known as Garena, the company operates digital businesses serving consumers and merchants primarily in Southeast Asia, Taiwan and selected markets in Latin America and other regions.

Through Shopee, Sea’s e-commerce platform, the company provides online marketplaces that connect buyers and sellers and offer supporting services such as payments, logistics and merchant tools. Garena, its digital entertainment business, develops and publishes online games and distributes third-party titles, while also operating digital entertainment platforms and services.

SeaMoney is the company’s digital financial services division.